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<br />'`"���`,',' � MORTGAGORS MAY MAKE PREPAYMENTS OF PRINCIPAL ON ANY INSTALLMENT �UE DATE. SUCH PREPAYMENT SHALI t3E .
<br /> ' APPLIED TO INSTALLMENTS LAST TO BECOME�DUE UNDER THIS 1dORiGAGE. PROVIDED TNE UNDERSIGNED ARE NUT IN DEFAULT �
<br /> � AND ARE THEN THE OWNERS OF THE MORTGAGED PROPERTY, UPON REQUEST OF THE UNDERSIGNED, OR EITHER OF Tt1EM, �
<br /> � PAYEE AGREES TO FURNISH TO THE UNDERSIGNED 100% �F SUCH PRINCIPAL PREPAYMENTS, UNLESS ADVANCEMENT IS PRO� .
<br /> � HIDITED BY THE REGULATIONS OF CNARTERING AND SUPERVISORY AUTHORITIES THEN IN EFFECT. ALL SUCH AaVANCEMENTS �
<br /> � SHALI 8E SECURED BY THIS MORTGAGE IN THE SAME MANNER AND EFFECT AS IF NO PREPAYMENTS HAU BEEN MADE. �
<br /> , I 'PH� AtORTGAGOR FUR7'HIsR COVF.NAN1'S AND AGRTiP•.6:
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<br /> � '1'hnt the hlortg:iFur �cill pny th�� indrbindnccv ns hrn•inbi�fnrr pruvidi�d. � . .. .
<br /> �� 'I'hat Uir nturl�;;�„ur iv Uic o�rner of �aid proper� y in fre simpin ;nul h.�s �;on�l ri�:ht :nvl I;ne(ul iiufhority ln srll and . . .
<br /> .Y � � conv��v Ihc �nm�• ;+nd thnl � he same is (ree :u�d el��ar n( +�ny lien or encwul�r;�nc�-: �uid ih�rt !�inrt�ugur ���ill �eorrmL ;uid drl�•nd thr �. . .
<br /> . litic lo said premixi�s a�;iii�usl lhe claims nf �dl p��rsons �r'hum.�u•�•er. - � .
<br /> , 7'o pay immi�dii��elV whi•n due imd p.�y:ib1�� all genond L�zos. ,prcinl �ase,. special a:.e;.rtu�nf.s. «�nirr ehar,;e,, se�rrr >erv. . . .
<br /> ''� ' ire churges. nnd oiher lnxe, and ch:�rgrs xguinst v;iid prup�•rh•. aud aIl tt�svs IcvirJ un the� drbt. zrrurrd hrreby, and to (urnish the .
<br /> �� � 11ort v u u �on ris ue�;t, H'ith thc• uri •ina�l ur du �licnte re•eri ris iherrfur. "1'he. Aiurtgn�:ur agro��s LLnt t6err shnli bc added �n . .
<br /> �," : � F F ". I 1 F. 1 1 � . �
<br /> r�u•h monthly poyment. required hrreunder ur undrr lh�� e��idi�nri� uf debt ,��curod hcroby ;m im�uunt i•stimntrd . h}� th�� Afurtgngrr. .
<br /> - lu h<� �u0icient . lo ena6le ❑n� �lorl�;aFec to pi�y. :�c thm� 6��cumr du�, .ill iax��ti, usse;smenls. imd similnr rh�uRe> u�wn U�o prem� . .
<br /> � 15C9 SU{)JCCC �I1CfPt0. :lill' tIPI1CIPI1l;Y I�ecausr ut ihe in<u�ficiency of ;ucii addiliuual p:q�menis .hall be forlh�cilh drp�uited h}' th�• , � � .
<br /> � Dlorfgagor �sifh thr :�iurlgn�;c�• upun d�mund h�� thi� \I�,rtCagcc. :� n�� J��t;wlt. vndrr thi� p�ri�; r.iph ,6all hi�. Jri�mcd n drGuilt in .
<br /> � piaymi�nt of t:izrs. :i�.es:menl.. nr siinil+ir rtmr�;��x rrquirrd horeundc�r. . -
<br /> ` •Chr Alurlgngur t�grrr. ihnL lhrre shall ;dso ho udd��d ta rz�ch �nunlhly p;p'mrnf u( Vrinripid ;inJ inl�vrci requved here- . . �
<br /> undrr nn nmount estimided by th�• \lori�ngt��• �u br .ufficir�nt �n i�n:iblr thi� \Iurfgi�grr lo pny , :n u hrcatnrs dur. Ihe in>uranrr
<br /> • premium on ��ny insurunce �rdic�� di•livrred tu tho Alorh;u;;��r. :\ n>' doficirncp L��eau=e uf tho in=ullicirnc}' nl .ueh udditiunul pny- . . . .
<br /> menls .hall Ik• (orlh�rilh depusitrd b�• ihr liori�n�;ar ��ith llu• Aturl�u�;��u upon demip�d hy ih�� Afon�npe��. .1ny d�•tuult undec lhie � .
<br /> �; � par.�graph slmll 6e deenu�d ai defa�d� in the pa��m�•nt nf insur:mc�� premiumv. If lhe pulicr ur ��ulici�•: drpo.:it��d ari� such :�s hume- . � . .
<br /> . � ow�nen or� all risk polirii•.. and (he di�pnsiis iire insuliici�•nf to p:q• ihr ��ntir�• prcmium. ih�� :�tortgagrr may apply ihr drpo:it to .
<br /> �; . p:q� . prcmium� on ri�ks reyuired tu be insuavi bp thie murt�.i�<�. � .
<br /> i ' I';�cmenls made b�• ihi, AIndRa;:or imdrr thr a6ncv par:igr:iph; nuiy. :d � he upfiun of the !�tnrl�;.��:eo, La hrlJ be it and � .
<br /> e; = cummingled �rilh ulhrr such fimds ur ils own funds for tlir p,�ymonl nf ,uch ilrrn=. nnd until .o npplird, suoh p:�ym�•nLc ;� re h�rrhp � �
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<br /> pliKiuod u; .ecurity fnr the unp�iid hul:mrr u( tl�r murt�;:i�:r indehiedurss. . .
<br /> � �� . 7'o prucurc. deliv��r lo. and muinWin fur thi• brni�fit u( Iho 1lortga�;��c durin�; Iht• li (r nt thic mnrl„n4v uri�;inul p��licir, anri " .
<br /> ' rencwuls ther�K�t, delirered nt lea,t ten days IH�[on• lh�� ��rpirnlinn u( :uiy su;� i pulicie:,, insurin�; n�;aintt lim nnd other insurtil�le
<br /> IliV.8flI3, l'35U9IUCS. ilii(I cnutingencirs xs fhe \1nrt�:u�;ee nuq' nv�uirc. in an amuunt i�qunl tn Ihe indrbtrdness �ecurrd hp ihis �
<br /> ��� \fortgaFe, iand in ec�m�rmirs aceeptaLle tu thr \turt�;:i�ee. �viUi lu<s payable dause in [acor u[ and in fnrm ncce�rlable to the \iorlk;i- . �
<br /> ger. ln the evicest .w�� pulicy is nnt rrnewed un or betun� ���n daps u( il, r�piruliun, the AlnrtKng�r mne �xo<•ure insunuu�• nn t6e .
<br /> impn>vemenls. pay the pmmium thrrefor. :md such .imi .vhall bre:im�� immrdi;it�d}� ih�e m�ri p:iyuble �eith inti•rc�! ;rt thr nnr s�.t . .
<br /> - ' furth in said noto unlil p:iid nnJ shall Ix� secured b�� this mort„;u;r. Pailure un Ihc p:� rt ot Ihi� \torltii��;or tu (urnish ;uch rrnr�rals � .
<br /> i;.�� as are herrin nK�uired ur (uilurr lo p;�r any �umx .idcanred herrundrr .hnll. ak t6r upliun uf ihi� \tnrl�;agrr. constftulr u doGiult - .
<br /> � widrr �he [erms u( this mort�;age. 9'h�� d�dicer�� �,( such pulicirs shall . in tl�e ��v�•nl u( dr(�iult . c•onsli(ute :m �i:.i�;nmrnt ut thr mi� .
<br /> . ' �a3rmrl prcmium. �
<br /> � � :\ ny sums reci�ired bc Ihr \lur�R�;;er by rrn.nn u! I��,s ur d:rtn:r,:e imun•d a�aimt m�iy Lc rrininrd hv tlio \tort �;ager . . . . .
<br /> �. nnd :iyplird tuw���rd Ihi• �ra��mi•nl ��f th�� drbt h��mb>• <rcurrd. ur. :+ � thi• nplion � �f thc :`,turigagm. �ueli .ums vi � hrr ���hally ��r in �.
<br /> � pnrt muy b�� paid uv�•r tu tlie I�1urt�;;��;or tn be uv��d tu n•p:lir such buildings ur tn build n�•H� buiidin�, in ihi-ir pince or (or nny .
<br /> oth��r purpo>�• ur ubjec[ wlis(actory ln l6e �1urt;:at;ei� ��'ithnu� idlrafini; � hi• lion �m ih�� m��r�ca�i� (nr thi• full .�mouni necumd h��ro �
<br /> � by be(nrr �urh piicmrnt rvrr t�xik pince.
<br /> :i' . 'I�u prump� ly rrp+tir. teslorr nr rrbuild nny b�iildin;;s or nn��ruci�mrNs no�c ur hrn•a(li•r ou thi• premixe• whirh rnn}' IH,.
<br /> i� - romr d:�inaRed or dr=tro���Nl : tn k�•ep snicl pmmis��; in ;;�H�d i�onditinn nnd rep:�ir and irr�• Gurn nny me:6:inic's lii�n ��r ut6cr lirn ur . � .
<br /> � rinim uf lion nol rsprr+,lp suburJinatrd tn � hi• li��n liorrui: nut fo sulii•r or prrrnit nm� wil:��.�(ul u•�• ut ur nnp nui=ana� lu rciYt un . � .
<br /> ;� � s:�id propi�rly nnr in p�•nnit �ca.al�� un s�id promisrs, nnr t�� dn ;iny uther �ict �chorohy ih�• pru�;rrtc hen•Ly rnnveced =hn11 IN�it�mr .
<br /> t � Irs, ralunble. nnr tu 4imini..h ur impair it, valw• Ly an>' :�ct u� umi.=ir.n lu ai�t : i � � c�,rnply� �vilh nll rrquirrmrnt. nf lu�r w�ilh rr+prct
<br /> � tn the murtan�;c•d prrmi.rs ;md Ihc �we then�o(.
<br /> '� . �. "1'hat shuuld lho premiu�. ur uny pnrl therrof la• lakrn ur dnma�;cd by ron.un of i�nc pu6lic imprrnrmenl nr �•undomnntion
<br /> � pnx•eedin�;, ur undcr the right n( eminent domnin. ur ir nny ulhrr tnannrr. tlu� \lortgn„rc� sholl b�• entid�•J Iu nll a�mprns�itions.
<br /> ,'•. .� au�nnls. nnd nny oth�•r p��yment or mlie[ � hom(nr. and .luill lx� rntiticd. ;u it.: u�rtiuu, tu rmmnrnre. ;qrprnr iu nud pnn�t•ute in ita
<br /> nwn nwni� ;�ny nctiun or pnxrrduia. ur lo maLe an�� rnmprnmisr or .�•Ulrment in rnnn�rlion w�ith �ueh takin�; or dam:��;r. :111 .uah
<br /> compensi�tiun� nwi�rd�. dnma���s. riRhP uf uction �uid pruce��is iir�� h��n•Iry naxiFm�d tn th�• \lurt�;:�ti�•��. �rhn m:�y. u(trr drJurtin;:
<br /> - there[mm ull iL� ezpensi��, rrlrasr anc muney.; so rec��iv��d Lc il ur npply the sam�• nn am• inJrhtrdn��s� .reumd h��rrb��. 7'h�� \Inrt�
<br /> = gaRur n�;rres to ez�Mute .uch tnt'fhrr n�si;;nmrntr n( any n�mprmntinn, n��;� nis. dnmaRr., and ngh�s ol �i-lii �n anJ pn�rrd. a. Ihr
<br /> ' � !1�turt�;atiec muy r.•tpiin•.
<br /> ` . 'I'hnt in cu.:c nf failurc lu perfnrm rmy nf thr i�o��rn;mts hi•n•in. � hr Ainrl �;agco min• du ��n Ih�� A1nrfFa�;ur's brhnlf c��rn�lhing
<br /> � so meenim�ed: thnt ihe Alort�;ngre mnp nl�u do an}� iict it may derm nrrrs::�p• lu pru��•rt Ihr lion Ihrn•of: Ih+�t th�• \1or� ga�ur ���ill
<br /> ;: . rcpuy upon drmtind any muneys p;�id nr di.bunod by thr \lurl �;n�;re (ur ��m� u! Ih�• nhu��r purpusrs. ;utd .uc•h nmm�p> ingrther tri�h
<br /> $ intcrevl lhcrtrm �it !hr rnti� prnvidrd in waid nu�c shnll Ix�comr :u murh ❑dJiliunal indobtinln��ss hi•rrby >rcurvJ ��nd mny br io-
<br /> + , rludrd in any drercc (orirlusin�; this morlgu�;c and ix• pnid oul n( Iho rcnts ur pn,a•rds nf .:ili• uf �:�id prrmisvs i( nnt �-dhrnei.c
<br /> . pnid: lhat it shell nut be obli�utory upon thr :11ort�u�:er tu inquire in�u Ih�• validih� of �tny lirn. ��nc;iml�,rana•s, nr eJaim in nd�
<br /> �. vnncing mon��y. .�s nbo��o aulhurizrd. but nuthinp herein cunlainrd ..hall ix� runslrur•d ns nK�uirinti thi• Aturt �:a�;r�• b � .�dv:mn• iurv
<br /> �. moncys fur nny such purposi+ nur tu do nnq nct h��r•undcr: �md l6at �t��rt �;n�;���• sh;ill nol incur �iny prr.� �n:d linbility L��i•au.�� o( anv.
<br />, r.. . thint; it m:p' d�� nr omit In du hcre�mdrr.
<br /> . In lhr ere�d u( lhi� default b}� �lorl�;ri�;ur in liir p;n�ment o( :m�' ins� ,dlmm�� , n. roquired I�y th�• \'ulo �rcun�d h�•rrh�'. or
<br /> .. s� in lhr pedormnnce o( the nbli�:ntinn in this rnartgage or iu the nolt• F�•cumd LherrLr, thr \tur��a�re shull be rntid��d t� � d��dnn• �hr .
<br /> � d��bt secunKl horeby dur and p:�ynhle ���ithoul notice. and lhr 1lortgagre shnll b�� rntitlyd at ifs ��plinn. �+rthuut nutico, cithor by itsell , I .
<br /> � or 6y a rev:civer lo fne appointivl by thr cuurt thvmuL nnd w�ithout regnrd (o iix� adequucy ut any s�•rurit�� fur thr indrblydn��ss se- . •. '�''�'.. `
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<br /> -, cun�l hereby. to entcr upnn ;�nd tnk� possi•sviun at the murlga„ed premi�c., :�nd tu cnlleet ;ind rreeirc ihr n•nt�. issurs and prn(its . N �
<br /> � �hi'reo[, und ttppl,V lhe v:imc. lesv cu+t. o( n�Hrrat�on .md cullecliun. upun Ih�� ind��bl�•dnr�s .rrumd by this rnurl�;�ipr: •:�id rents. . � �
<br /> is�ues und pmGls Ix•inK herebV avsi�;ned tu the illort�n���o ac (urthrr s��curih• fur th� pnym��nt af all indrFl��dnr.s v•cun•d hrmby.
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<br />� • 'I�hi• 1ScertgnF�r elmll have lhe puw•o.r to appoint nny ngi�nl ur ai:�•nh it may diairc lor Ih,, purP�ne ui mpairin�; .aid prrm- n' �' .�
<br />.'��` � i�ev: reutin� the same�: rnll�rlinti !he mnts. re�•enuvx nnd incnme. :�nd it ma�� pay' out of a:iid inr� nnr nll ��xp��ns�w incurnrl in rrnt- �
<br />;,�. ,. ing nnd mannging lhc• snmc and o( coUrcting thc rcnlalx thendnnn. 1�hr halnnci• rrmninm�. d any. shnU hi• ;�pplird tu�.;ird lhr .. .
<br />� dischnrgi. nf the mnrt�;n�;e indeblydnr.a. 'Chi. ansignmonf is �o f�•rmin:Ui• and I�•cumr uull and ��uid u� wn rrloiu�• uf thi. rm �ngngi•. .
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